Genexine Inc. - Jan 30, 2019 Form 3 Insider Report for Rezolute, Inc. (RZLT)

Role
10%+ Owner
Signature
/s/ Genexine, Inc., by Sung June Hong, its CFO
Stock symbol
RZLT
Transactions as of
Jan 30, 2019
Transactions value $
$0
Form type
3
Date filed
7/28/2021, 05:23 PM
Next filing
Jul 28, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RZLT Series AA Preferred Stock Jan 30, 2019 Common Stock 56.8M $0.22 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person acquired 1,250,000 shares of Issuer's Series AA Preferred Stock on January 30, 2019. Each share of the Issuer's Series AA Preferred Stock is convertible into shares of the Issuer's Common Stock at a ratio of 45.45454 shares of Common Stock for one share of Series AA Preferred Stock ("Conversion Rate") at the holder's election and has no expiration date. The Series AA Preferred Stock will automatically convert, at the Conversion Rate, into Common Stock (i) at any time upon the vote or consent of the holders of two thirds of the voting power of the then outstanding Series AA Preferred Stock or (ii) the amendment to Issuer's Certificate of Incorporation to increase the number of shares of Common Stock authorized to be issued to at least 500,000,000 shares of Common Stock.